Southern Tier Library System
Southern Tier Library System shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 160836935 · Painted Post, NY · NTEE: B71Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $2.9M |
| Program Spending | 85% |
| Net Assets | $3.0M |
| Transparency Score | 88/100 |
Is Southern Tier Library System Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Southern Tier Library System directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southern Tier Library System
Southern Tier Library System (EIN: 160836935) is a nonprofit organization based in Painted Post, NY, classified under NTEE code B71Z. The organization reported total revenue of $2.8M and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Tier Library System's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southern Tier Library System is a mid-size nonprofit that has been operating for 66 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $2.9M |
| Surplus / Deficit | +$32K |
| Total Assets | $3.8M |
| Total Liabilities | $818K |
| Net Assets | $3.0M |
| Operating Margin | 1.1% |
| Debt-to-Asset Ratio | 21.3% |
| Months of Reserves | 16.0 months |
Financial Health Grade: A
In 2023, Southern Tier Library System reported a surplus of $32K with revenue exceeding expenses, holds 16.0 months of operating reserves (strong position), has a debt-to-asset ratio of 21.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Southern Tier Library System's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.9% | -2.1% | +1.8% |
| 2022 | +14.6% | +2.8% | +22.5% |
| 2021 | +5.1% | +2.0% | +3.4% |
| 2020 | +10.5% | +5.3% | +13.8% |
| 2019 | -18.2% | -3.6% | -11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1960 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Southern Tier Library System with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Southern Tier Library System allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $32K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either that executive roles are unpaid, or compensation is categorized differently, which enhances the perception of funds being directly applied to the mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Southern Tier Library System's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data, making precise spending efficiency analysis difficult.
- Increase in liabilities from $159,732 in 2019 to $817,767 in 2023, warranting further investigation into their nature.
Strengths
The following positive indicators were identified for Southern Tier Library System:
- Consistent positive net income and asset growth over the past decade, indicating strong financial management.
- No reported officer compensation across all filings, suggesting a high dedication of funds to the mission.
- Healthy asset-to-liability ratio, with assets of $3,831,081 significantly exceeding liabilities of $817,767 in 2023.
- Consistent filing of IRS Form 990s over 13 periods, demonstrating transparency and compliance.
Frequently Asked Questions about Southern Tier Library System
Is Southern Tier Library System a legitimate charity?
Based on AI analysis of IRS 990 filings, Southern Tier Library System (EIN: 160836935) some concerns. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
How does Southern Tier Library System spend its money?
Southern Tier Library System directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Southern Tier Library System tax-deductible?
Southern Tier Library System is registered as a tax-exempt nonprofit (EIN: 160836935). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Southern Tier Library System's spending goes to programs?
Southern Tier Library System directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Southern Tier Library System compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Southern Tier Library System is above average for NTEE category B71Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Southern Tier Library System located?
Southern Tier Library System is headquartered in Painted Post, New York and files with the IRS under EIN 160836935. It is classified under NTEE code B71Z.
How many years of IRS 990 filings does Southern Tier Library System have?
Southern Tier Library System has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.8M in total revenue.
What is the detailed breakdown of program, administrative, and fundraising expenses?
While the provided data doesn't offer a detailed breakdown, the overall financial health and lack of reported officer compensation suggest a strong focus on mission. A review of Part IX of the Form 990 would provide these specifics.
How does the organization manage its liabilities, which have increased in recent years?
Liabilities have increased from $159,732 in 2019 to $817,767 in 2023. While assets have grown significantly more, understanding the nature of these liabilities (e.g., long-term debt vs. operational payables) is important for a complete financial picture.
What specific programs does the Southern Tier Library System fund with its expenses?
The NTEE code B71Z indicates 'Libraries; Other,' suggesting a broad range of library services. A review of the organization's public statements or Part III of the Form 990 would detail specific program services.
Filing History
IRS 990 filing history for Southern Tier Library System showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Southern Tier Library System's revenue has grown by 47.9%, moving from $2.0M to $2.9M. Total assets increased by 98.2% over the same period, from $1.9M to $3.8M. Total functional expenses rose by 48.7%, from $1.9M to $2.9M. In its most recent filing year (2023), Southern Tier Library System reported a surplus of $32K, with revenue exceeding expenses. The organization holds $818K in liabilities against $3.8M in assets (debt-to-asset ratio: 21.3%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $2.9M | $3.8M | $818K | — | — |
| 2022 | $3.4M | $2.9M | $3.8M | $781K | — | View 990 |
| 2021 | $2.9M | $2.9M | $3.1M | $530K | — | View 990 |
| 2020 | $2.8M | $2.8M | $3.0M | $518K | — | View 990 |
| 2019 | $2.5M | $2.7M | $2.6M | $160K | — | View 990 |
| 2018 | $3.1M | $2.8M | $2.9M | $362K | — | View 990 |
| 2017 | $2.8M | $2.6M | $2.4M | $155K | — | View 990 |
| 2016 | $2.7M | $2.5M | $2.1M | $151K | — | View 990 |
| 2015 | $2.2M | $2.1M | $1.8M | $142K | — | View 990 |
| 2014 | $2.1M | $1.9M | $1.7M | $103K | — | View 990 |
| 2013 | $2.1M | $2.1M | $1.8M | $490K | — | View 990 |
| 2012 | $2.0M | $1.9M | $1.9M | $541K | — | View 990 |
| 2011 | $2.0M | $1.9M | $1.9M | $602K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $2.9M, and assets of $3.8M (revenue -13.9% year-over-year).
- 2022: Revenue of $3.4M, expenses of $2.9M, and assets of $3.8M (revenue +14.6% year-over-year).
- 2021: Revenue of $2.9M, expenses of $2.9M, and assets of $3.1M (revenue +5.1% year-over-year).
- 2020: Revenue of $2.8M, expenses of $2.8M, and assets of $3.0M (revenue +10.5% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.7M, and assets of $2.6M (revenue -18.2% year-over-year).
- 2018: Revenue of $3.1M, expenses of $2.8M, and assets of $2.9M (revenue +8.7% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.6M, and assets of $2.4M (revenue +6.0% year-over-year).
- 2016: Revenue of $2.7M, expenses of $2.5M, and assets of $2.1M (revenue +23.8% year-over-year).
- 2015: Revenue of $2.2M, expenses of $2.1M, and assets of $1.8M (revenue +3.9% year-over-year).
- 2014: Revenue of $2.1M, expenses of $1.9M, and assets of $1.7M (revenue +0.1% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.1M, and assets of $1.8M (revenue +4.9% year-over-year).
- 2012: Revenue of $2.0M, expenses of $1.9M, and assets of $1.9M (revenue +1.3% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.9M, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southern Tier Library System:
Data Sources and Methodology
This transparency report for Southern Tier Library System is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.